by Dan Mitchell | Nov 21, 2017 | Blogs, Taxation
Time for a confession. My left-wing friends are correct. I’m an idiot. Why? Because I’m an anti-tax libertarian, yet I keep writing favorably about a provision that will raise my taxes. I’m talking specifically about the provision, currently in both...
by Dan Mitchell | Nov 17, 2017 | Blogs, Economics, Taxation
Left-wing columnists at the Washington Post have hit upon a theme. In late October, Ruth Marcus wrote a column asserting that tax cuts are “dangerous.” I explained why her argument was nonsensical, but that clearly didn’t have any impact since Robert Rubin has a new...
by Dan Mitchell | Nov 13, 2017 | Blogs, Taxation
There’s an amusing ritual that takes place in Washington every time there’s a big debate about tax policy. A bunch of rich leftists will sign a letter or hold a press conference to announce that they should be paying higher taxes rather than lower taxes. I’ve debated...
by Dan Mitchell | Nov 11, 2017 | Blogs, Economics, Taxation
Back on November 2, I summarized the good and not-so-good features of the tax plan put forth by House Republicans. Here are the parts that made me happy. Lower corporate tax rate. Ending the deduction for state and local income taxes. Death tax repeal. And what was...
by Dan Mitchell | Nov 10, 2017 | Blogs, Economics, Laffer Curve, Taxation
Since there’s a big debate about whether there should be tax cuts and tax reform in the United States, let’s see what we can learn from abroad. And let’s focus specifically on whether changes in tax policy actually produce “revenue feedback” because of the Laffer...